KNS Co (XKRX:432470) Cash-to-Debt : 1,028.20 (As of Jun. 2024)

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What is KNS Co Cash-to-Debt?

Cash to Debt Ratio measures the financial strength of a company. It is calculated as a company's cash, cash equivalents, and marketable securities divide by its debt. KNS Co's cash to debt ratio for the quarter that ended in Jun. 2024 was 1,028.20.

If Cash to Debt ratio is greater than 1, the company can pay off its debt using the cash in hand. Here we can see, KNS Co could pay off its debt using the cash in hand for the quarter that ended in Jun. 2024.

The historical rank and industry rank for KNS Co's Cash-to-Debt or its related term are showing as below:

XKRX:432470' s Cash-to-Debt Range Over the Past 10 Years
Min: 2.4 Med: 3.05 Max: 1028.2
Current: 1028.2

During the past 3 years, KNS Co's highest Cash to Debt Ratio was 1028.20. The lowest was 2.40. And the median was 3.05.

XKRX:432470's Cash-to-Debt is ranked better than
94.27% of 3003 companies
in the Industrial Products industry
Industry Median: 1.17 vs XKRX:432470: 1028.20

KNS Co Cash-to-Debt Historical Data

The historical data trend for KNS Co's Cash-to-Debt can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Note: An indication of "No Debt" does not necessarily mean that the company has no debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.

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KNS Co Cash-to-Debt Chart

KNS Co Annual Data

Trend

Dec21

Dec22

Dec23

Cash-to-Debt

1.36

2.40

3.64

KNS Co Quarterly Data
	Jun22	Dec22	Jun23	Dec23	Jun24
Cash-to-Debt	N/A	2.40	2.46	3.64	1,028.20

Competitive Comparison of KNS Co's Cash-to-Debt

For the Electrical Equipment & Parts subindustry, KNS Co's Cash-to-Debt, along with its competitors' market caps and Cash-to-Debt data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

KNS Co's Cash-to-Debt Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, KNS Co's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where KNS Co's Cash-to-Debt falls into.

KNS Co Cash-to-Debt Calculation

This is the ratio of a company's Cash, Cash Equivalents, Marketable Securities to its debt. The debt includes the Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation. This ratio measures the financial strength of a company. This ratio is updated quarterly.

KNS Co's Cash to Debt Ratio for the fiscal year that ended in Dec. 2023 is calculated as:

Cash to Debt Ratio	=	Cash, Cash Equivalents, Marketable Securities	/	Total Debt
	=	Cash, Cash Equivalents, Marketable Securities	/	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)
	=	23888.402	/	(6558.55	+	12.382)
	=	3.64

KNS Co's Cash to Debt Ratio for the quarter that ended in Jun. 2024 is calculated as:

Cash to Debt Ratio	=	Cash, Cash Equivalents, Marketable Securities	/	Total Debt
	=	Cash, Cash Equivalents, Marketable Securities	/	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)
	=	24711.817	/	(22.846	+	1.188)
	=	1,028.20

KNS Co (XKRX:432470) Cash-to-Debt Explanation

If Cash to Debt ratio is greater than 1, the company can pay off its debt using the cash in hand. If it is smaller than 1, it means the company has more debt than the cash in hands. In this case, it is important to look the the company's Interest Coverage. Ben Graham requires that a company must have an Interest Coverage of at least 5.

KNS Co Cash-to-Debt Related Terms

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KNS Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » KNS Co Ltd (XKRX:432470) » Definitions » Cash-to-Debt

Traded in Other Exchanges

N/A

Address

446-9, Seotan-ro, Seotan-myeon, Gyeonggi-do, Pyeongtaek-si, 17704, KOR

Website

http://www.knssystem.com

KNS Co Ltd is a company which focuses on the design and production of automation equipment, where it supplies a variety of automation equipment products such as automobile parts which includes door connectors, terminal pressers and semiconductor parts vacuum packaging machines. Their main product is automated equipment that manufactures CIDs which is current interrupting devices that are mounted on cylindrical batteries, among secondary batteries. In addition, their main product line is automated equipment that manufactures BMA parts which are known as battery overheating detection devices equipped with multiple pouch-type batteries.

KNS Co Headlines

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